Wednesday, March 6, 2019

FTK Flotek Industries, Inc. gains 172% Mar 6, 2019

Flotek Industries, Inc. develops and supplies chemistry and services to the oil and gas industries in the United States and internationally. It operates through two segments, Energy Chemistry Technologies and Consumer and Industrial Chemistry Technologies. The Energy Chemistry Technologies segment is involved in the design, development, manufacture, packaging, and marketing of chemistries under the Complex nano-Fluid brand name for use in oil and gas well drilling, cementing, completion, stimulation, and production activities, as well as for use in enhanced and improved oil recovery markets. This segment also constructs and manages automated material handling facilities; and manages loading facilities and blending operations for oilfield service companies. The Consumer and Industrial Chemistry Technologies segment designs, develops, and manufactures citrus oils for food and beverage companies, fragrance companies, and companies providing household and industrial cleaning products. The company also provides reservoir engineering and modeling services for various hydrocarbon applications. It serves pressure pumping service, international supply chain management, and cosmetic companies. Flotek Industries, Inc. is headquartered in Houston, Texas.http://www.priceseries.com/trade/FTK-Flotek-Industries-Inc-stock-gains-172-percent-a-Trade-Record-by-priceSeries-2019010420190306.html